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The Role of Tertiary Education in Regional Development in Greece

In: Economic and Financial Challenges for Eastern Europe

Author

Listed:
  • Th. Stefanos Papailias

    (Hellenic Quality Assurance and Accreditation Agency (HQA))

Abstract

The purpose of this paper is to evaluate the economic as well as the social contribution of tertiary education in the region of Greece. Since 1980 in Greece, tertiary education is growing rapidly, and a huge amount of universities and faculties have been established all over the country, especially in the regional areas. In the following article, regional inflow–outflow tables are compiled that illustrate the connection between education and other domains of economy. They also illustrate the contribution of tertiary education in gross production value for the period 1995–2010. Furthermore, it presents an extended research using questionnaires in regard to the economic impact of tertiary education in the regional areas. Therefore, a comparison of the research findings (micro approach) with the results of the inflow–outflow tables (macro approach) is made in order to indicate the positive multiplier effects of tertiary education in regional areas. The innovation–contribution of this study is that there will be an estimation of the benefits of tertiary education in regional areas, using macro approach, through inflow–outflow tables, an approach Greek bibliography lacks in this day and age. Lastly, these tables will be compared with the results of the above research.

Suggested Citation

  • Th. Stefanos Papailias, 2019. "The Role of Tertiary Education in Regional Development in Greece," Springer Proceedings in Business and Economics, in: Nicos Sykianakis & Persefoni Polychronidou & Anastasios Karasavvoglou (ed.), Economic and Financial Challenges for Eastern Europe, pages 81-94, Springer.
    • Handle: RePEc:spr:prbchp:978-3-030-12169-3_6
    DOI: 10.1007/978-3-030-12169-3_6
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